GAMMA Investing LLC Has $324,000 Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

GAMMA Investing LLC grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 39.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,479 shares of the company’s stock after purchasing an additional 1,558 shares during the period. GAMMA Investing LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $324,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in RDVY. Headlands Technologies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $29,000. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after acquiring an additional 260 shares in the last quarter. Crewe Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $104,000. Finally, Venturi Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $60.10 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.60 and a 52 week high of $64.63. The stock has a market capitalization of $12.90 billion, a PE ratio of 10.08 and a beta of 1.15. The stock’s fifty day moving average is $61.48 and its 200-day moving average is $58.76.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Profile

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.